Crypto.com Adds XYO and XL1 to Regulated Custody

Crypto.com Custody announced on Monday that it is adding institutional grade custody and liquidity services for XYO and XL1. This move marks the very first major exchange listing for XL1 since its token sale, giving the asset a significant boost in visibility.

Institutional clients and high net worth traders now have a regulated path to store, manage, and swap both assets directly. They can complete these actions without needing to move their funds onto a traditional trading platform first, which adds an extra layer of security.

Traders should watch to see if this secure custody option attracts larger capital inflows to both projects. Market watchers will also monitor if other major platforms follow suit with similar listings as institutional interest grows.